Emily Peck

The impact of AI on the job market is starting to show up in the data analyzed by Wall Street firms—so far it's pretty modest, but certainly real. Goldman Sachs looked at occupation-level federal data and scored jobs by AI exposure: separating roles that can be completely substituted by AI (proofreader) and those that can be considered complementary (doctor). They found that AI has both created and destroyed jobs over the past year. It reduced employment in occupations that are easily substituted by AI, translating to a slight 0.16 percentage point increase in the unemployment rate.

Here's something to tell the AI doomers: There's new evidence that instead of bringing on a job apocalypse, AI is creating more work, and, yes, jobs. The fund giant Vanguard ha

The big AT&T network outage was a productivity catastrophe for commuters across the country, but remote workers were totally fine. Without